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The United States Isn’t Immune to Grexit Fallout


Greece’s anti-austerity Syriza party and European leaders are scrambling to find a deal that would allow Athens to pays its bills; if they don’t, Greece could run out of money in the coming months and get kicked out of the euro zone. And that wouldn’t be good for Europe or the United States.
The United States has very little direct exposure to Greece, meaning the Mediterranean nation’s exit from the European monetary union (or Grexit, to use the awkward nickname for the possibility of Greece leaving) would not directly cause financial disaster in America. But because of the global nature of …read more

Source: Foreign Policy

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